Call for SMEs and professionals

Aug 28, 2024 | Projects

Call for SMEs and professionals: Campania Region allocates funds for innovation

After the remarkable success of the Regional Fund for Growth, a financial initiative promoted by the Campania Region and managed by the company in house Development Campania, which has seen the disbursement of about 300 million in favour of 3,000 companies, the new Growth Fund is now launched. There are 93 million and 460 thousand euros of Fesr Campania funds for the period 2021-2027, for small and micro-enterprises, as well as for professionals. Today the new notice of the Regional Fund for Campania-FRC Growth was published in the Official Bulletin of the Campania Region, which supports funding aimed at enhancing competitiveness and promoting innovative processes. The investments submitted must include a programme of expenditure of between EUR 30,000 and a maximum of EUR 150,000.

The benefits will cover the eligible expenditure programme in full, with a 50% breakdown in the form of a grant and the remaining 50% as a zero-rate financing. Applications may be sent from 12 noon on 18 September 2024 until 12 noon on 18 October 2024, exclusively in telematic mode. As of September 4, the forms required for the application will be available on the official sites of the Campania Region and Campania Development.

News on the call in summary

Purpose and financial allocation

The Notice provides for a financing of EUR 93.460,000 under Action 1.3.1 of the Campania ERDF 2021-2027 PR, aimed at supporting the competitiveness, innovation and internationalisation of enterprises, in line with the Intelligent Specialization Strategy RIS 3 Campania 2021-2027 and contributing to the objectives of the STEP Platform, promoting the development of crucial technologies and quality jobs in strategic sectors, thus strengthening the sovereignty and economic security of the European Union, investments must respect the DNSH principle to ensure that significant damage is not caused to the environmental objectives established by the European Union, the Manager of the Regional Fund for Growth Campania FRC II Edition is represented by the company in the Campania Development Region Campania SpA.

Beneficiaries

Small and micro enterprises that have been established and regularly registered in the Chamber of Commerce Business Register for at least 12 months before the publication of the BURC Notice number 53 of 29 July 2024, as well as free professionals with active VAT numbers for at least 12 months before the same date, may benefit from the initiative. Investment projects must be carried out in a local unit located in the Campania region. In the event that the place of operation envisaged for the intervention is not yet active, the applicant shall undertake, at the time of submission of the application, to activate it on the regional territory within the deadline for the request of the first State of Progress Project, which shall be set at six months from the date of delivery of the anticipation.

Eligibility

Admitted investments include the purchase of machinery, plants and intangible assets as well as restructuring and restructuring operations to be carried out in the Campania Region, with the aim of enhancing the competitiveness of enterprises, promoting the integration of innovative technologies and supporting the processing processes. The Campania Region, through Development Campania, has the possibility to finance projects that are aligned with thematic areas of the STEP Platform, including digital technologies, international initiatives, innovations in the field of deep tech technologies, sustainable technologies and zero emissions, as well as biotechnology and critical medicines with its components. In the application for participation, candidates are required to indicate whether the project fits into one of the categories of the Platform, accepting funding if the Campania Region checks compatibility with the available funds.

Eligible expenditure

Eligible costs include plants and machinery, electronic equipment and hardware, as well as plant works. Advanced solutions for organizational innovation, marketing, consumer interaction and the development of highly specialized technologies are also included. Expenditure items include software, computer systems and applications, along with administrative expenses, feasibility studies and costs for technical-accounting and guarantees.

Type and scope

Investments can vary in a range of expenditure ranging from 30,000 to 150,000 euros. The proposed benefits will cover the entire amount of eligible expenditure, subdividing itself into a lost contribution of 50% and in a zero-rate financing for the remaining 50%, to be refunded over 5 years.

Modes and deadlines for submitting applications

From 4 September 2024 the modules will be available on the sites of the Campania Region and of Development Campania to present the application for facilitation. You can download the application model for subsidization and for PROFESSIONS to the provided links. The Application for Agevolation may be submitted exclusively in telematic mode from 12 o'clock on 18 September 2024 until 12 o'clock on 18 October 2024 through the designated platform.

How to select questions

Applications will be selected by means of a "graduatory" currency procedure.

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